HUD intends to publish the complete, updated handbook in 2026.
HUD Handbook 4350.1, titled Multifamily Asset Management and Project Servicing, serves as a guide for managing and servicing multifamily housing properties that receive assistance from HUD. HUD...
HUD is required by law to set Fair Market Rents (FMRs) every year. In general, the FMR for an area is the amount that a tenant would need to pay the gross rent (rent plus utilities) of privately owned, decent, and safe rental housing of a...
HUD takes enforcement of the Lead Safe Housing Rule seriously.
HUD’s Office of Inspector General (OIG) audited the Cuyahoga Metropolitan Housing Authority’s management of lead‐based paint in its public housing program. It was picked for audit...
Funding for tenant-based vouchers would increase $2.9 billion above FY 2024.
On July 25, in a 28 to 1 vote, the full Senate Appropriations Committee approved the Transportation, Housing and Urban Development, and Related Agencies Appropriations Bill.
Subsidies would be given directly to the renter, rather than to the site.
HUD is seeking to test whether rental assistance is more effective if it’s provided directly to families, with no requirement that a site owner enter a contract with a housing agency or meet...
The Joint Center for Housing Studies of Harvard University recently released the latest version of its annual report, The State of the Nation’s Housing 2024. The report finds that housing costs continue to rise for both...
Annual premium increases for affordable housing sites are ranging from 30% to 100%.
A broad coalition of groups representing America’s housing providers, lenders, and residents recently sent members of Congress and the Biden administration a letter outlining a number...
HUD recently announced nearly $90 million available to reduce residential health hazards for low-income families, including lead-based paint hazards, carbon monoxide, mold, radon, fire safety, and asbestos. This initiative is part of President Biden’s Lead Pipe and Paint Action Plan to...
More than 700 properties have already signed up for the free service.
Recently, HUD’s Office of Multifamily Housing Programs sent out information on HUD’s Energy and Water Benchmarking Service available for sites participating in HUD’s Multifamily project...
HUD’s Office of Inspector General (OIG) audited HUD’s oversight of multifamily housing properties with failing Real Estate Assessment Center (REAC) scores or life-threatening exigent health and safety (EHS) deficiencies. The objective of the audit was to determine whether HUD had...
